United States Construction Chemicals Market Report and Forecast 2024-2032

United States Construction Chemicals Market Report and Forecast 2024-2032

Market Outlook

According to the report, the United States construction chemicals market reached a value of USD 11.84 billion in 2023. Aided by the infrastructural developments and technological innovations, the market is projected to further grow at a CAGR of 5.4% between 2024 and 2032 to reach a value of USD 19.07 billion by 2032.

Construction chemicals are essential components in the construction industry, serving a variety of functions that enhance the durability, workability, and structural integrity of building projects. These chemicals include a wide array of products such as concrete admixtures, waterproofing chemicals, adhesives and sealants, protective coatings, and others, each playing a pivotal role in improving the performance and longevity of construction materials.

The United States construction chemicals market growth is driven by several key drivers. Foremost among these is the increasing demand for residential and commercial infrastructure, spurred by urbanisation and economic growth. This demand is further magnified by the ongoing efforts to upgrade and repair the country's aging infrastructure, which necessitates the use of high-performance construction chemicals.

Furthermore, the market is buoyed by the growing emphasis on sustainability within the construction sector. There is a rising trend towards green buildings and eco-friendly construction practices, which has led to an increased demand for environmentally friendly construction chemicals. These products not only help in reducing the environmental footprint of construction projects but also contribute to the health and safety of the building occupants.

Technological advancements in construction chemicals, leading to the development of innovative and more efficient products, also influence the United States construction chemicals market outlook. Manufacturers are focusing on research and development activities to produce chemicals that offer enhanced properties such as increased strength, water resistance, and durability, catering to the evolving needs of the construction industry.

Looking ahead, the United States construction chemicals market demand is poised for significant growth, driven by the continuous expansion of the construction sector and the increasing focus on sustainability and innovation. As the industry moves towards more sustainable and efficient construction practices, the demand for advanced construction chemicals is expected to surge, offering significant opportunities for market expansion.

Market Segmentation

The market can be divided based on product, application, and region.

Market Breakup by Product

• Concrete Admixtures
• Waterproofing and Roofing
• Repair
• Flooring
• Sealants and Adhesives
• Others

Market Breakup by Application

• Residential
• Commercial
• Industrial

Market Breakup by Region

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States construction chemicals market. Some of the major players explored in the report are as follows:

• 3M Co.
• Arkema S.A.
• The Dow Chemical Company
• H.B. Fuller Company
• DuPont de Nemours Inc.
• Henkel AG & Co. KGaA
• Sika AG
• Huntsman Corporation
• RPM International Inc.
• Pidilite Industries Ltd.
• Illinois Tool Works Inc.
• Mapei S.p.A.
• Others

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